Tag: credit
GDP Gap
DefinitionThe GDP gap or the output gap is the difference between actual GDP or actual output and potential GDP. The calculation for the output...
Obligation Bond
What is 'Obligation Bond' A municipal bond used to secure a mortgage on property or other physical assets that can be liquidated....
FED Pass
What is 'FED Pass' An action taken by the Federal Reserve that looks to increase the availability of credit by moving additional...
VA Loan
DefinitionA VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs. The program is for...
Qatar Investment Authority (QIA)
What is 'Qatar Investment Authority - QIA' The Qatar Investment Authority (QIA) is a government-owned entity charged with managing the sovereign wealth...
FICO Score
FICO score is one to the measures that are used by the lenders to assess the credit risk of an applicant, and then decide...
What are Fixed Interest Rates
What are Fixed Interest Rates There are several factors involved when you obtain a loan. For instance, when you look for a mortgage,...
ABC Agreement
What is 'ABC Agreement' An agreement made between a purchasing member with a seat on the NYSE and the firm in which...
Y2K
What is 'Y2K' A shorthand term for "the year 2000" commonly used to refer to a widespread computer programming shortcut that was...
Baccalaureate Bond
What is 'Baccalaureate Bond' A zero-coupon bond issued by certain states to assist families in saving for college tuition by means of...